# Albemarle Corporation  Share Price Target ‘$119.45’, now 43.0% Upside Potential

- Link: https://www.directorstalkinterviews.com/albemarle-corporation-share-price-target-119.45-now-43.0-upside-potential/4121167510
- Published: 2024-08-07T14:25:03+01:00
- Author: Charlotte Edwards

**Albemarle Corporation** with ticker code (ALB) now have 23 market analysts covering
the stock. The analyst consensus now points to a rating of ‘buy’. The target price
High/Low ranges between $216.00 and $73.00 calculating the mean target share price
we have $119.45. (at the time of writing). Given that the stocks previous close 
was at $83.52 and the analysts are correct then there would likely be a percentage
uptick in value of 43.0%. Also worth taking note is the 50 day moving average now
sits at $101.37 and the 200 moving average now moves to $119.92. The market cap 
for the company is 9.35B. The stock price for the company is currently is currently
$79.53 USD

 The potential market cap would be $13,368,616,999 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of -, revenue per share of $63.51 and
a -4.51% return on assets.

Albemarle Corporation is a global developer, manufacturer and marketer of specialty
chemicals. The Company operates through three segments: Energy Storage, Specialties
and Ketjen. The Energy Storage business contributes to the growth of clean miles
driven with electric vehicles and more efficient use of renewable energy through
grid storage. Its Specialties segment enables the prevention of fires starting in
electronic equipment, greater fuel efficiency from rubber tires and the reduction
of emissions from coal-fired power plants. The Ketjen business creates efficiency
of natural resources through more usable products from a single barrel of oil, enables
safer, greener production of alkylates used to produce more environmentally friendly
fuels, and reduced emissions through cleaner transportation fuels. It serves the
markets, such as serve include energy storage, petroleum refining, consumer electronics,
construction, automotive, lubricants, pharmaceuticals and crop protection.

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